Snap Is Down By 38%, Here Is Why

Industry News

Key Insights Snap says that the economic situation is worse than previously expected.  The company believes that its Q2 adjusted EBITDA will fall into the negative territory.  Snap revenue growth is also expected to slow down.  Snap Stock Falls After Q2 Warning Shares of Snap found themselves under strong pressure after the company warned investors that…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Weekly Rail Charts – November 28, 2022
US Thanksgiving Holiday Trading Schedule – 2022
US Stock Market News: Dow Jones falls 500 points, Nasdaq ends 176 points lower
EV Charging Infrastructure Potentially Unprepared for Cyberattacks
US stock futures drop and oil falls to 2022 lows as Chinese protests against zero-COVID curbs spook markets